EU Wheat Exports Well Behind Pace Needed to Meet USDA’s Projection.
Summary: In their Mar WASDE, the USDA raised their projection for EU wheat exports by 1 MMT to 23.0 MMT (vs 23.29 MMT last year). In recent years, the EU has been the world’s second largest wheat exporter. In 2014/15, the EU exported a record 35.5 MMT. This year, the Former Soviet Union (FSU) is…